Ericsson reports second quarter results 2024
Strategic highlights – taking proactive action in a challenging market environment ·Delivering on network technology leadership strategy; externally recognized as 5G leader for 4th consecutive year. ·Further progress to build out Global Network Platform for network APIs; two additional partnerships in Q2. ·New 5G patent licensing agreement signed; on track to deliver the SEK 12-13 b. IPR revenue target for 2024. Financial highlights – strong gross margin expansion, partly offset by targeted R&D investments ·Sales declined -7%* YoY, but market area